# U.S. grains: Corn, wheat, soy futures slide as trade tensions flare

> US corn futures fell to 2025 lows and soybeans dropped below $10 a bushel as trade tensions escalated. Canada, China and Mexico announced retaliatory tariffs on US goods. Commodity funds began unwinding large net long corn positions after prices fell about 14% since mid-February.

- Date: 2025-03-04 · published 2025-03-04T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/8145-u-s-grains-corn-wheat-soy-futures-slide-as-trade-tensions-flare
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Retaliation threatens US feed grain and soybean export demand, while fund liquidation adds selling pressure on corn and soy prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- DDGS: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-05-02 | [U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews](https://feedsoft.ai/events/53163-u-s-grains-soybeans-slide-on-renewed-trade-tensions-with-china-grainews.md) | +1.9% | +1.9% |
| CORN | 2019-05-09 | [U.S. grains: Soy futures break 10-year low on China trade tensions - Manitoba Co-operator](https://feedsoft.ai/events/59134-u-s-grains-soy-futures-break-10-year-low-on-china-trade-tensions-manitoba-co.md) | +2.3% | +9.3% |
| CORN | 2019-05-31 | [U.S. grains: Trump tariff threat pushes corn, soy, wheat lower - Grainews](https://feedsoft.ai/events/6687-u-s-grains-trump-tariff-threat-pushes-corn-soy-wheat-lower-grainews.md) | -2.5% | +3.0% |
| CORN | 2025-07-25 | [U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall - AgCanada](https://feedsoft.ai/events/23793-u-s-grains-chicago-wheat-futures-dip-on-global-supply-pressure-corn-soybeans.md) | +0.8% | +0.1% |
| CORN | 2025-06-02 | [U.S. grains: Soybeans fall to seven-week low; corn eases, wheat climbs - Grainews](https://feedsoft.ai/events/10946-u-s-grains-soybeans-fall-to-seven-week-low-corn-eases-wheat-climbs-grainews.md) | +0.5% | -2.2% |
| SOY | 2020-05-02 | [U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews](https://feedsoft.ai/events/53163-u-s-grains-soybeans-slide-on-renewed-trade-tensions-with-china-grainews.md) | +0.2% | -0.8% |
| SOY | 2019-05-09 | [U.S. grains: Soy futures break 10-year low on China trade tensions - Manitoba Co-operator](https://feedsoft.ai/events/59134-u-s-grains-soy-futures-break-10-year-low-on-china-trade-tensions-manitoba-co.md) | +2.6% | +6.7% |
| SOY | 2019-05-31 | [U.S. grains: Trump tariff threat pushes corn, soy, wheat lower - Grainews](https://feedsoft.ai/events/6687-u-s-grains-trump-tariff-threat-pushes-corn-soy-wheat-lower-grainews.md) | -2.3% | -0.1% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-corn-wheat-soy-futures-slide-as-trade-tensions-flare

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.